United States Import/Export Trade News

UPDATE TO PROPOSED ELIMINATION OF FIRST SALE RULE

In January of this year, U.S. Customs and Border Protection (CBP) proposed to eliminate the favourable “First Sale” method of valuation. This action could raise import tariffs by as much as 15%. U.S. Congress has moved to stop U.S. Customs from revoking the First Sale Rule. CBP has been inundated with opposition

U.S. FISH AND WILDLIFE SERVICE NOTICE ON CERTAIN CITES REGULATED SPECIES

The Convention on International Trade in Endangered Species (CITES) requires each CITES Party country to designate a Management Authority and a Scientific Authority for, among other things, issuance of CITES documents. The treaty also requires each non-Party country to have competent authorities that can issue comparable CITES documentation. U.S.